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Strengthened demand for Denver apartments lures out-of-state investor

McDowell Properties closes nearly $140 million apartment deal to mark first Colorado purchase
The 427-unit Altitude at Lone Tree apartment complex is located in a popular Denver suburb. (CoStar)
The 427-unit Altitude at Lone Tree apartment complex is located in a popular Denver suburb. (CoStar)
CoStar News
December 17, 2024 | 7:16 P.M.

Denver's multifamily market is set to close out 2024 with a bang as mounting demand among tenants has attracted a cohort of investors eager to capitalize on the growth, most recently with an out-of-state newcomer homing in on one of the city's most popular suburbs.

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